Ventas ups term loan to $700M, adds $550M delayed draw; repays 2023 facility

Ventas, Inc.

Term loan facility increased from $500M to $700M; new delayed draw term loan facility of $550M established.
Aggregate borrowing capacity under the credit agreement may be increased to up to $1.75 billion.
Proceeds from term loan increase will repay in full all outstanding debt under the 2023 credit agreement, which terminates.
Amendment includes technical changes; certain existing lenders depart and new lenders join.
Guarantor Ventas Inc. reaffirms its guarantee of obligations under the amended credit agreement.

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